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Credit Corp Boosts FY27 Earnings Guidance with HSBC Credit Card Book Acquisition
8:15am on Friday 21st of August, 2026 AEST
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Financial Services
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Credit Corp Boosts FY27 Earnings Guidance with HSBC Credit Card Book Acquisition
8:15am on Friday 21st of August, 2026 AEST
Key Points
Binding agreement to acquire HSBC's Australian credit card run-off book
Transaction valued at approximately A$150 million, subject to regulatory approval
FY27 PDL acquisitions guidance raised by up to A$100 million
NPAT guidance increased to A$112-120 million, reflecting 10% growth on FY26
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